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Business, 18.10.2019 21:30 vanna7353

Jacob is saving up for a down payment on a car. he plans to invest $2,000 at the end of every year for 5 years. if the interest rate on the account is 2.25% compounded annually, what is the present value of the investment? a. $5,666.58 b. $10,461.24 c. $9,358.91 d. $37,731.88

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